6.16 Concubine Analysis at Dawn
The concubine has been oscillating in the 2500-2550 range these past two days. Although the daily MACD has decreased in volume, it is still accumulating. In the short term, it is constrained by the middle Bollinger Band resistance at 2590. The key resistance above is in the 2580-2610 range; if it breaks through, it may turn bullish; otherwise, the bearish trend will continue. The support below is at 2400, with resistance at 2780.
The 4-hour MACD has just finished decreasing in volume and has started to increase; a golden cross has formed but there is a bottom divergence. The main player may dump to liquidate long positions, and the expected strength of short-term rebounds is limited, making a downward break of the previous low more likely.
Today's Strategy:
Short in batches in the 2570-2650 range, targeting 2500-2450. If it breaks down, continue to look for 2400.
Strictly maintain defense
